Norwegian Cruise Line Is Down 19% This Year and Reports Earnings July 30. Is Now the Time to Buy?
There may be a better way to play a rebound in cruise ship stocks.
Overview
Over the past 12 months, shares in cruise line operator Norwegian Cruise Line (NYSE: NCLH) have fallen by nearly 19%. As has been the case with other cruise ship stocks, concerns about the impact of Mideast geopolitical tensions on fuel prices and passenger demand played a big part in these declines.
Later this week, Norwegian Cruise Line reports its latest quarterly results. However, whether the results are strong or weak, I believe there is a much stronger long-term opportunity in this sector than Norwegian.
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Originally published at www.fool.com.
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